Shell has restarted production at the Penguins field in the UK North Sea. The floating, production, storage and offloading ...

In 2024, Sverdrup accounted for about 54% of Aker BP's group production, which totaled 439kboe/d. Equinor has also revised its ambitions for the field, targeting a 75% reserves recovery rate, ...

Equinor on Wednesday raised its 2030 oil and gas output forecast and scaled back plans for renewable energy capacity ...

Sir Keir Starmer is expected to back one of Britain’s biggest offshore oil field developments despite fierce opposition from ...

Shell has resumed production at the Penguins field in the UK North Sea using a state-of-the-art floating production, storage ...

DRINKS giant Diageo has warned it could face a £160million hit to its profits if Donald Trump presses ahead with tariffs on Canada and Mexico. It is heavily exposed — with 42 per cent of its US ...

A judge at Edinburgh's Court of Sessions said the previous government's decision to approve Shell's Jackdaw gas field off ...

A North Sea oil field discovered 50 years ago has become Shell's first newly-operated facility in the region for more than ...

The new FPSO is expected to extend the life of the UK field by up to 20 years while reducing operational emissions by about ...

Lerwick Port Authority (LPA) has welcomed the announcement of a new, floating facility to restart oil production at a deep sea field north-east of ...

Shell has restarted production at the Penguins field in the UK North Sea with a new FPSO, boosting domestic oil and gas ...

Penguins redevelopment is part of Shell’s strategy to boost its UK North Sea output to more than 500,000 barrels of oil ...